Coastal Federal Credit Union opens new branch in Carrboro

RALEIGH, NC (May 12, 2016) — Coastal Federal Credit Union opened a new branch at 310 E. Main Street, Suite 110, in Carrboro. The 1,500 square foot storefront is the first branch in Orange County and is located between Fleet Feet Sports and Rise Biscuits & Donuts.

Leading the charge at the Coastal’s Carrboro branch is Steve Hardee, Branch Manager. Steve is a lifelong resident of Orange County, and brings 28 years in financial services and expertise to Coastal and our membership.

“The communities of Carrboro and Chapel Hill, as well as Orange County, have seen quite a bit of growth in recent years,” said Coastal’s President & CEO, Chuck Purvis. “Coastal has seen our membership increase in those communities as well. By building a branch that services their financial needs in their community, we are better able to serve our members through this expansion.”

The new Carrboro branch features:

·        A newer, faster teller system
·        7 a.m. to 7 p.m. teller service, 7 days a week
·        A full suite of Coastal services provided by Coastal Wealth Management and Daymark Realty
·        And much more!

Coastal has planned the following member and community events to help celebrate the grand opening:

Tuesday, May 17th, 5:30 p.m.-7:30 p.m.
Chapel Hill – Carrboro Chamber of Commerce Ribbon Cutting Ceremony.

Wednesday, May 18th, 11 a.m.- 1 p.m.
Cupcakes from Sugarland to all who visit (while supplies last).

Thursday, May 19th, 5:30 p.m. – 7:30 p.m.
Member appreciation night with live music and taco bar from Hickory Tavern.

Saturday, May 21st, 10 a.m. – 1 p.m.
Neighborhood block party featuring face painting, a money both, live radio remote and BBQ chicken & pork from The Pig.

About Coastal Federal Credit Union

Coastal Federal Credit Union is a not-for-profit, member-owned, financial cooperative, offering a full range of financial products and services. Coastal was chartered on August 31, 1967 with the mission of fostering the credit union philosophy of “people helping people.”  Today, with $2.8 billion in assets, Coastal serves 230,000 members from 1,600 business partners and is among the leading financial institutions in North Carolina.  Coastal operates 22 branches in the Triangle market and serves members in all 50 states through a network of 5,000 shared branches, 80,000 surcharge-free ATMs, mobile banking featuring mobile check deposit, and a robust offering of online services at


Joe Mecca
Manager, Marketing Strategy & Communication

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